All Stores and property articles – Page 143
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NewsLandsec signals further fall in rents likely
Landsec, the retail property group, expects shopping centre rents to fall because of the impact of the Covid pandemic and an “ongoing structural shift to a lower rent model”.
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Opinion‘Retailers must be smarter than ever to pass Black Friday demand test’
With ecommerce sales already at a record high, the anticipated spike in online orders expected over the Black Friday and Cyber Monday period will put even greater strain on retailers and logistics providers alike.
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Opinion‘As lockdown bites, retailers can’t afford to squabble like cats in a bag’
As the retail industry labours under the restrictions of a second lockdown, some are adopting a beggar-thy-neighbour attitude that is in the interests of nobody.
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DataCoronavirus Consumer Pulse: Web traffic spikes ahead of second lockdown
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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NewsJohn Lewis leads calls for clarity on Christmas reopening
John Lewis has urged the government to provide clarity urgently about whether stores can reopen in December when the latest lockdown in England is scheduled to end.
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NewsRetail rages over government store closure guidance
Retailers have been left angry and confused by the government’s handling of second lockdown store closures, after its guidance on mixed essential and non-essential retail was published late.
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NewsEntertainer boss’ fury at Westfield rent demand as lockdown begins
The Entertainer founder Gary Grant has reacted with anger and disbelief after lawyers acting on behalf of Westfield shopping centres demanded outstanding rent as his stores shut for the second lockdown.
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OpinionMove of the Week: Tom Athron is a great match for Fortnum & Mason
It’s no great surprise to see Tom Athron assume his first chief executive position at Fortnum & Mason. If anything, the surprise is that it hasn’t happened sooner.
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NewsSuperdry boss anticipates post-lockdown rush as stores close
While Superdry recorded a loss for the first half, boss Julian Dunkerton believes December will see customers rushing back to stores if lockdown restrictions ease.
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OpinionMichael Jary: ‘New normal? Retail needs to get used to the new weird’
Back in March I wrote on Retail Week that coronavirus would bring a tipping point: a permanent change in industry structure. At the time some readers wondered whether I might be hyperbolising. It turns out I hardly knew the half of it.
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Opinion‘Don’t forget about stores this ecommerce Christmas’
Almost £3bn in sales might shift online this Christmas, but don’t underestimate the draw of the store, writes Gemma Goldfingle
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AnalysisLockdown 2.0: The new regulations and how they affect your business
With England set to be plunged into a second lockdown from midnight tonight, Retail Week highlights the changes in the new government guidance and what they might mean for your business.
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AnalysisFrom M&S to MS2 – can pureplay shift turbocharge fashion performance?
Marks & Spencer’s half-year results again spotlighted the accelerated shift to online shopping that has accompanied the Covid-19 pandemic.
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NewsClarks puts thousands of roles at risk in store management restructure
Clarks has told almost 4,000 UK store staff that their roles are at risk of redundancy as part of radical plans to revive the struggling business.
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AnalysisNightmare before Christmas: bosses of John Lewis, M&S and The Entertainer on lockdown 2.0
It’s the news the industry dreaded. This Thursday so-called ‘non-essential’ retail will be shut down until December 2 in a bid to stem the spread of coronavirus. Many fear chaos, but could click and collect come to the rescue?
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NewsPrimark calls for longer Christmas opening hours post-lockdown
Primark chiefs want extended trading hours post-lockdown to cater for pent-up demand and have reaffirmed their faith in its pureplay bricks-and-mortar model despite the latest lockdown.
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NewsM&S rolls out ‘book and shop’ service as lockdown looms
Marks & Spencer has made its Sparks Book & Shop shopping reservation service available in 566 food stores and larger branches with food halls ahead of England’s lockdown on Thursday.
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NewsSadiq Khan calls for business rates holiday extension
London mayor Sadiq Khan has written to housing secretary Robert Jenrick calling for an extension of the business rates holiday for retail and hospitality businesses in the capital.
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NewsPrimark profits and sales battered by coronavirus store closures
Primark has posted falls in both its full-year profits and sales blaming the closure of its store estate during the third quarter in a bid to stem the spread of the coronavirus.
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NewsPrimark warns second lockdown will cost £375m in lost sales
Primark has said England’s looming second lockdown, alongside closures across other parts of its global estate, means over half of its selling space will be shuttered as of this week.